Re:Nvidia's Arm deal sparks quick backlash in chip industry
by mytailorisrich on Monday September 14, 2020 @12:26PM
(#24472019)
Currently the US sell for $70b worth of semiconductors to China annually, that's 36% of all US chip sales [1]
Of course, any government's goal should be to diversify and not to be too dependent on a single country (like China is dependent on the US at the money). But that indeed should something for the Chinese government to worry about and, arguably, not for the US to force their hand in a move that will actually benefit China in the long term.
[1] https://www.semiconductors.org/the-largest-share-of-u-s-indu...
Re:Nvidia's Arm deal sparks quick backlash in chip industry
by blackrock on Monday September 14, 2020 @12:33PM
(#24472096)
> The Chinese market was never actually open to American companies.
Well, in the short term, American companies are making a pretty penny in China.
Apple benefits from China in two ways. 1) Cheap labor, and 2) huge sales of their products to the Chinese themselves.
Even Facebook, which doesn’t work in China, is making $5 billion in revenue annually from ad sales.
The Chinese market was never actually open to American companies. Not long term. They may have had temporary success but the CCP's goal was always to displace and replace with their own domestic competitors.
While the Chinese market may be close off to the US and foreign companies, the world market is greater than just the Chinese market and the American markets. For example, American companies are doing well in India, a market which is increasingly becoming closed to China due to geopolitical tensions.